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1. (US20190228019) Method and System for Tuning Blockchain Scalability, Decentralization, and Security for Fast and Low-Cost Payment and Transaction Processing

Office : United States of America
Application Number: 16375351 Application Date: 04.04.2019
Publication Number: 20190228019 Publication Date: 25.07.2019
Publication Kind : A1
IPC:
G06F 16/27
H04L 9/32
G06Q 20/06
H04L 9/12
H04L 9/06
[IPC code unknown for G06F 16/27]
H ELECTRICITY
04
ELECTRIC COMMUNICATION TECHNIQUE
L
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
9
Arrangements for secret or secure communication
32
including means for verifying the identity or authority of a user of the system
G PHYSICS
06
COMPUTING; CALCULATING; COUNTING
Q
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20
Payment architectures, schemes or protocols
04
Payment circuits
06
Private payment circuits, e.g. involving electronic currency used only among participants of a common payment scheme
H ELECTRICITY
04
ELECTRIC COMMUNICATION TECHNIQUE
L
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
9
Arrangements for secret or secure communication
12
Transmitting and receiving encryption devices synchronised or initially set up in a particular manner
H ELECTRICITY
04
ELECTRIC COMMUNICATION TECHNIQUE
L
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
9
Arrangements for secret or secure communication
06
the encryption apparatus using shift registers or memories for blockwise coding, e.g. D.E.S. systems
CPC:
H04L 9/3236
G06F 16/27
H04L 9/3247
G06Q 20/0658
H04L 2209/56
H04L 9/0637
H04L 9/3297
H04L 2209/38
H04L 9/12
Applicants:
Inventors: Vijay Madisetti
Arshdeep Bahga
Priority Data:
Title: (EN) Method and System for Tuning Blockchain Scalability, Decentralization, and Security for Fast and Low-Cost Payment and Transaction Processing
Abstract: front page image
(EN)

A method for sharing data between blockchains in a multi-chain network including receiving a first plurality of account addresses associated with first and second blockchains and an account state for each account associated with the first plurality of account addresses and generating a first hash tree comprising a mapping between the first plurality of account addresses and the account states, defining a world state trie and a root hash thereof. The method further includes receiving a first plurality of transactions associated with the first and second blockchains and generating a second hash tree comprising the first plurality of transactions, defining a transactions trie, and a root hash thereof. The method further includes receiving a first plurality of transaction receipts associated with the plurality of transactions and generating a third hash tree comprising the first plurality of transactions receipts, defining a transaction receipts trie, and a root hash thereof.